There's one other vitally important question to answer: How will you protect yourself if something goes wrong? The answer is simple: Purchase errors and omissions (E&O) insurance.
E&O insurance provides coverage for claims of alleged damages as a result of an error, omission or wrongful act in the performance of an insured service. E&O can cover legal fees and defense costs as well as the damages awarded, says Sheila Allen of Allsouth Professional Liability Inc., an insurance company in Tampa, Florida. Premiums for basic coverage start at about $1,000. The best place to look for this insurance is through a broker. Get recommendations from associates or check with the Independent Insurance Agents of America (http://www.iiaa.org ) for their directory of agencies.